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I should now hold altcoin anyway?
HELP ME!!!!!
There is no reason to sell your altcoins now. Try to study the situation and if you really need to let go of your coins, its up to you. But I suggest just keep your coins and hold them a little bit longer.
I'm gonna be honest with you all , i have been trading/investing since 2017.
I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.
This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.
I earned about 110.000 by trading and basically lost it all, i decided to sell the rest and just quit. I'm gonna explain why, this cryptocurrency market
is very manipulative and can easily be controlled and it will never stop. The icos/alts will always keep sucking all the btc cash so it will always be hard for btc to grow and
dominate.
This market is made to make money and profit from noobs it's like a bitconnect scheme. Every dollar that is made by someone, someone will lose money. Every dollar that
is made in this system will be sold to fiat and if there is low btc buy power it will mean that btc will only keep going down. This market is basically made to make
money from new users like a scheme. For example can you actually believe that if you would've put 10k usd into bitconnect you would have a monthly return of about 4500
every month by lending? This is unbelievably high which again means for every btc/dollar you lend out into this cryptocurrency system = someone will lose money that's
the main reason this market won't be there for long. Because it's basically a pyramid scheme.
You have your reasons to sell everything you have and I have also my reason why I am stating and continue to buy and trade coins. I see crypto as a very promising innovation in the future. It has many great possibilities especially in the online market and service.
I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.
My country Bangladesh.
Apologies if this is not the right place to discuss.
Thanks in advance.
My country Bangladesh.
Apologies if this is not the right place to discuss.
Thanks in advance.
Well, you cannot do anything because it is already banned in your country. If you really love crypto, go to other country or countries near you that are accepting bitcoin and there continue to do bitcoin and crypto.
Sharing some comparison between Kucoin exchange and Binance exchange.
Binance trading fee = 0.1% or less 50% when you use bnb for transaction fees = 0.05% trading fee
>>>>> withdrawal fee for btc = 0.0005 btc
Kucoin trading fee = 0.1%
>>>>> withdrawal fee for btc = 0.001 btc
Binance trading fee = 0.1% or less 50% when you use bnb for transaction fees = 0.05% trading fee
>>>>> withdrawal fee for btc = 0.0005 btc
Kucoin trading fee = 0.1%
>>>>> withdrawal fee for btc = 0.001 btc
I like Kucoin more. It has a very high security level in terms of logging in and in protecting your account. In terms of transaction, Kucoin has also very large number of people or users. Likewise the fee is quite cheap in terms of withdrawal.
I have seen a lot of threads here asking about whether people will invest in a coin or do bounty. Its high time we all understood that, investment is not only about money. To me, any effort put into something to make it a reality can be regarded as investment. People who buy coins invest with their monies whiles those who participate in bounties also invest with their time and energy. Money is a replaceable resource but time can never replaced. To me, bounty hunters are also investors. What do you think?
People regard bounty as not an investment because you will not risk your money in ICO or buy any tokens from them. However, for me, bounty is also an investment because you will give your effort and time in it. Time is money therefore time is an investment.
What will be the best option to do now looking upon the current BTC price???
Well, the best thing to do is to hold your coins and just wait for the moment. Bitcoin has dropped a lot and it's quite alarming that the market is not recovering for the past two months. If you also have the chance to buy altcoins, the cheaper one, better do it now.
For the past 24 hours, ive Being thinking of what is going on precisely, if im dreaming or its absolutely real but presently I confirmed im Seeing what im Seeing for real 😳. The market cap is really attractive compare to few weeks back while everything looks like there were disaster in the crypto community. My question now is, are we out of the messy period to the Green Days in the crypto market ? Your contribution is absolutely required. Thanks
As of the moment, the green color or mark is not yet back. There was a time before that the green one really comes but only lasts for few weeks then it came back to red again. The red days are still running so I just keep on holding my coins till I see a bright light for coins.
i invested in 3 ico but they all make me uprooted.
1. ATFS
2. BEZOP
3. LEDU
and i think this ico causes bitcoin and etherium prices to drop.never trust again to ico.
1. ATFS
2. BEZOP
3. LEDU
and i think this ico causes bitcoin and etherium prices to drop.never trust again to ico.
Investing in ICO is really a big risk. There is no guarantee that you will gain profit if you invested in wrong ICO. However, instead of putting your money in ICO, you better invest in listed coins or altcoins.
1-100 coin rank in coinmarkepcap remain to fall, are this a bad news , good news or is still normally? when we turn back time to 2017 the price its looks so normal because these things is happen to in 2017 before a great pump
This is pretty normal. The reason is that there people are panic selling their coins and this contributes to the dumping of certain coins. Likewise there are some big people behind who are busy buying those coins and just waiting for the pump.
I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
You better invest in gold, bitcoin or real state. These investments will surely have returns especially when you are in hand or keep on monitoring your investment. It is good to invest because right now banks just put very little interest on your savings.
Anyone knew about that
Is it true news
Is it true news
It is not banned exclusively but the government is taking regulations against bitcoin. Anyone caught doing transaction in bitcoin will be dealt with actions. Also their people are warned on investing and trading in cryptocurrencies especially bitcoin.
In crypto world we see that there is many crypto and many service too.What do you think what service is missing in the cryptoworld.
Lack of cheap listing. There should be affordable listing in exchanges so that ICOs or coins that have only low budget will be able to enter the market and may prove its worth. There must be an open exchanges where every coin can be listed regardless of the payment.
Re: DO NOT SELL! JUST HODL - You've not loss any money if you haven't sold.
Good chance for newcomers, sorry for those who bought bitcoin at 18,000$ an 11,000$
What do you think? How low bitcoin can go?
Just hodl it
Yeah, I will just keep on holding it. I cant really sell right now because the market is down again. I dont usually visit my wallet everyday because I know that the market is not so good right now. I will just keep on looking for the exchanges to be updated every time.
Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.
What do you guys think?
What do you guys think?
All investments have risks. However, in terms of bank and bitcoin investment, Bank Investment has more risks because they are going to control you investment and will give you interest according to the exchange of that particular time or day. Bitcoin has lesser risks because as you said, you can control your investment and be able to see the progress of it.
In the UK, theirs a store called CEX where you can buy second hand dvds, computer games, consoles etc. CEX is in all the main towns and cities and is very popular, been around nearly 20 years now. Any way i noticed on their website that you can pay with bitcoin, on their website.
"Payments - To buy any product from Webuy.com you must make payment using a valid UK credit or debit card, PayPal account, Bitcoin or CeX voucher."
I've heard rumors you can buy gold, property and even sports cars directly with bitcoins. Obviously there are loads of scammers these days, does anyone know of any such legitimate companies and what products you can currently buy?
"Payments - To buy any product from Webuy.com you must make payment using a valid UK credit or debit card, PayPal account, Bitcoin or CeX voucher."
I've heard rumors you can buy gold, property and even sports cars directly with bitcoins. Obviously there are loads of scammers these days, does anyone know of any such legitimate companies and what products you can currently buy?
I think amazon accepts bitcoin before but they suddenly stop payment of bitcoin because of its volatility. Microsoft also accepts bitcoin as payment just have an account in microsoft and you can redeem and pay using bitcoin.
Why people invest in ICO when it is risky and these days most of the coins are dropping. Do you think ICOs are going to survive for a long time?
I believe people are still investing in ICOs because they are still hoping that it is beneficial and could give a lot of profit. Through the market is in red, still, the crypto world is alive. ICOs will survive as long as there are projects coming out and people investing and supporting in it.
Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?
Bitcoin has no direct effect on one's economy unless all people are already doing bitcoin and investing in it rather than in banks. Bitcoin's acceptance will be just depend on how every government sees and accept its ideas.
Yes this is my questions among all bounty hunters. In my 4 months on doing bounty i campaign i have promoted 2 ICO's already and the first one still counting the stakes and still working on the distribution of the tokens. Some had receive already and i thought about receiving too but until now no tokens found in my digital wallet even after searching it on etherscan if there are relatively made a transaction to my digital wallet address and there is none. I have gave my effort and quality time for them to promote their project that includes also the resources being used like internet connection fee and the electricity are all wasted for the project i guess. I think this could be my last project to promote and if i still will not get any rewards then quitting is an option.
Do not quit yet because that's just normal situation in bounty campaigns. You need to be patient because they will distribute or give your tokens in your wallet. All you have to do is to continue doing bounty but choose a gret project and goos manager.
Re: Let's suppose that Bitcoin became universal (used everywhere you go)
Hi,
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks
Let's suppose that Bitcoin became adopted everywhere such as paying bills with Bitcoin,getting salary with Bitcoin,shopping,restaurant etc...
How your country gonna survive if you only use Bitcoin in a daily basis? I mean a country cannot survive if individuals doesn't pay taxes,well with Bitcoin you don't pay any tax right?
How this gonna be possible? Please shed for me some light on this.
Thanks
If that happens, surely, government will also put tax on bitcoin. Every single transaction will also be taxed. Government will put regulations especially in digital assets you have.